On Wednesday JP Morgan Cazenove reiterated its broker consensus on shares of Imperial Brands Plc (LON:IMB) giving the company a ‘Neutral’ rating.
JP Morgan Cazenove gave shares of Imperial Brands Plc a price target of 4090 indicating a potential increase of 6.91% from Imperial Brands Plc’s current price of 3825.5.
In the prior 12 months Imperial Brands Plc’s stock price has increased by 14.06% from 3353.9 to 3825.5.
Imperial Brands Plc has 953,700,000 shares in issue which have a share price of 3825.5 giving Imperial Brands Plc a market capitalisation of 36.48B GBp .
The 52 week high of Imperial Brands Plc’s shares is 4154 whilst the 52 week low for the company’s shares is 3393. The 50 day moving average of LON:IMB is 3955.86 and the 200 day moving average is 3879.64.
Imperial Brands PLC, formerly Imperial Tobacco Group PLC, is a fast-moving consumer goods company. The Company offers a range of cigarettes, fine cut and smokeless tobaccos, papers and cigars. The Company’s segments include Growth Markets, USA, Returns Markets North, Returns Markets South and Logistics. The Growth Markets segment includes Iraq, Norway, Russia, Saudi Arabia and Taiwan, and also includes Premium Cigar and Fontem Ventures. The Returns Markets North segment includes Australia, Belgium, Germany, the Netherlands, Poland and the United Kingdom. The Returns Markets South segment includes France, Spain and its African markets, including Algeria, Ivory Coast and Morocco. Its businesses include Tobacco and Logistics. The Tobacco business comprises the manufacture, marketing and sale of tobacco and tobacco-related products. The Logistics business comprises the distribution of tobacco products for tobacco product manufacturers.